Dubai at top global ranking for attracting Greenfield FDI projects in H1 2023
DUBAI, UAE - Dubai remains the top global destination for attracting Greenfield Foreign Direct Investment (FDI) projects, with the emirate...
Business
Saudi Arabia’s Tabuk region produces over 28m roses annually
TABUK, SAUDI ARABIA - The Tabuk region's agricultural sector is making steady progress towards achieving the goals of Saudi Arabia's...
Business
Arts & Culture
Kuwait Theater Festival to develop cultural movement, foster talent: Minister
Kuwait Theater Festival is a civilizational platform that contributes to the development of the cultural and theatrical movement in Kuwait,...
- The 21st edition of the festival opened on Wednesday under the patronage of Kuwait's Minister of Information and Culture Abdulrahman Al-Mutairi.
- The festival features eight performances and a symposium dealing with the experimentalism in Kuwaiti theater and ethics in the festival.
Geostrategy
Bahrain stresses need for Middle East free of nuclear weapons
Bahrain has stressed the importance of establishing a Middle East zone free of nuclear weapons and other weapons of mass...
- Bahrain signed Treaty on the Non-Proliferation of Nuclear Weapons and the Convention on the Prohibition of Biological Weapons in 1988.
- Bahrain's representative to the UN says every country has a right to pursue nuclear programs for peaceful means.
Geostrategy
Saudi Arabia and United Nations sign agreement to combat land degradation
Saudi Arabia's Minister of Environment, Water and Agriculture Abdulrahman Al-Fadley has signed a cooperation agreement with the United Nations Convention...
- A Global Initiative targets reducing land degradation by 50 percent by 2040.
- The initiative also aims increased storing of carbon in soil and to realize food security.
Economy
Jordan, FAO forge technical partnership on irrigation
Under the agreement, a mobile irrigation application will be developed to serve Jordanian farmers, specifically in the Jordan Valley.
- Under the agreement, a mobile irrigation application will be developed to serve Jordanian farmers, specifically in the Jordan Valley
- The application will provide the farmers with accurate scientific information on irrigation dates and the required quantities of water
Business
SIDF inks deal with Engie
The agreement is expected to yield low-carbon energy services.
- The move will let SIDF employees join Engie’s knowledge-exchange 2022 training program, which will be held in Saudi Arabia
- It will also give SIDF employees the opportunity to work with experts at Engie for six months at the company's headquarters in Paris
Business
Soudah joins UNWTO
SDC is the 25th member from the Mideast to join UNWTO.
- SDC is the 25th affiliated member from the Middle East region in the UNWTO, which includes more than 500 members around the world
- SDC’’s joining UNWTO contributes to achieving the company’s goals in developing the tourism and entertainment sectors
Geostrategy
Qatar signs MoU with Italy for FIFA World Cup security
The MoU was part of joint cooperation for securing the FIFA World Cup Qatar 2022, between the Qatari Ministry of...
- The MoU was part of cooperation for securing the FIFA World Cup Qatar 2022, between the Qatari Ministry of Defense and the ministries of defense of the participatingcountries
- It aims to define the controls for the participation of liaison officers from the Italian Ministry of Defense and to define the roles and responsibilities assigned to them
Arts & Culture
Jeddah edition of BIENALSUR begins at historic Qasr Khuzam museum
Following the success of the Riyadh edition, the Jeddah edition of BIENALSUR 2021, the International Biennial of Contemporary Art of...
- Qasr Khuzam served as the first residence in Jeddah for King Abdulaziz Al Saud, the founder of Saudi Arabia.
- A total of 20 artists from 11 countries will participate in the Jeddah edition.
Arts & Culture
Riyadh to host Middle East’s biggest musical event from Dec 16-19
Riyadh is scheduled to host Soundstorm Festival, the biggest musical event in the Middle East, between December 16 and 19....
- Noted international singers and musicians are expected to perform during the event at the Soundstorm Theater.
- Soundstorm Festival is among the top events on the calendar of events and seasons launched by the Visit Saudi Platform.
Geostrategy
Human capital drives UAE’s future plans: President
Sheikh Khalifa bin Zayed Al Nahyan said UAE derives its human, socio-economic and cultural clout from robust constitutional, organizational and...
- Sheikh Khalifa bin Zayed Al Nahyan said the founding fathers built a modern motion by embracing sustainable development as a guiding principle.
- UAE’s strategy to attract and retain talent has raised its stature at the Gulf, Arab, Islamic and global levels, he said.
Dubai at top global ranking for attracting Greenfield FDI projects in H1 2023
DUBAI, UAE - Dubai remains the top global destination for attracting Greenfield Foreign Direct Investment (FDI) projects, with the emirate...
Business
Company News
Raydan posts loss of $6m in H1
Business
Latest News
KHC’s profit vaults by 1,162%
Business
Unemployment Insurance Scheme comes into force in UAE
The Ministry of Human Resources and Emiratization (MoHRE) of UAE announced that an 'Unemployment Insurance Scheme' for employees of the...
Economy
Forum to discuss state of translation in Arab world at Cairo varsity
Riyadh, Saudi Arabia--The 10th Scientific Forum of translation themed “Time Differences between Composition and Translation in the Arab World” will...
Arts & Culture
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Business
MEmob+, GeoDB partner to launch a Digital Wallet, Blockchain Protocol
The investment reinforces both companies’ shared vision of democratizing data, changing how data is shared and monetized by the users...
- The investment reinforces both companies’ shared vision of democratizing data, changing how data is shared and monetized by the users and brands
- The decentralized wallet will empower people to earn rewards for the data they share and gain control of the data they generate
Economy
China’s Central Bank, European Central Bank renew currency swap deal
The PBOC said the renewal would help deepen bilateral financial cooperation, facilitate trade and investment, and maintain the stability of...
- The PBOC said the renewal would help deepen bilateral financial cooperation, facilitate trade and investment, and maintain the stability of the financial market
- A currency swap sees two parties agree to exchange a certain amount of foreign currency at a pre-determined rate, protecting against fluctuations
Geostrategy
UAE, Serbian presidents discuss bilateral relations
They also discussed opportunities to extend their cooperation within the framework of their comprehensive strategic partnership.
- They also discussed opportunities to extend their cooperation within the framework of their comprehensive strategic partnership
- They also reviewed various aspects of economic, commercial and political cooperation

